Ounce Labs Inc. Obtains $7,500,000 New Funding Round

  • Feed Type
  • Date
    9/16/2008
  • Company Name
    Ounce Labs Inc.
  • Mailing Address
    100 Fifth Avenue Waltham, MA 02451
  • Company Description
    Ounce Labs delivers actionable metrics to help organizations understand and manage the vulnerabilities in their critical applications. Customers use this information to assess risk and prioritize security investments, to comply with regulatory demands, and to hold outsourcers accountable for the security of the applications they deliver.
  • Website
    http://www.ouncelabs.com/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Ounce Labs will use the funds to optimize the company’s operations in order to accelerate market awareness of the widespread security problems that demand a focused software solution.
  • M&A Terms
  • Venture Investor
    Greylock Partners
  • Venture Investor
    Commonwealth Capital Ventures